Despite a rocky ride on the stock market, rising home prices have carried American wealth to new heights in 2018. In the first quarter of the year, the Federal Reserve pegged the worth of household and nonprofit wealth at $100.77 trillion, a jump from last year’s $99.74 trillion, according to the New York Post. Household debt clocked in at an annual increase of 3.3 percent with a spike in the fourth quarter of 2017 attributed […]
source https://therealdeal.com/2018/06/09/hey-big-spender-american-household-wealth-hits-record-high-because-of-house-prices/
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